+28% above market
median 1,769 €/m² for comparable properties
119,990 € 2,263 €/m²
Rent covers ~ 77% of the payment
~ 411 €/mo rent · you top up ~ 121 €/mo
Sale132,300 €1,917 €/m²
Expected rent845 € /mo
AT MARKET LEVEL
fairly priced
against the median for apartments in Galata (231 properties)
Area
69 m²
Floor
2 / 4
Construction
Brick
Year
2027
Yield analysis
Good investment rating
Monthly payment587 €20% down payment · 20 yrs · 3%
Expected rent845 €at market conditions for the neighbourhood
The rent covers 144% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 13 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Property analysis
This apartment is priced at the typical price (the median) for apartments in Galata (231 properties) — 1,917 €/m² against 1,789 €/m².
Apartment with an area of 69 sq m in a new-build building in the Galata district, Varna.
The layout includes a living room with kitchenette, bedroom, bathroom with toilet, terrace, and corridor, providing functional use of the space.
The building is brick construction from 2027, equipped with an elevator and parking spaces, with external thermal insulation and quality materials for the common areas.
The location is in a district with good infrastructure and parking options, suitable for family living.
The property is suitable for those seeking new-build with amenities and comfort in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 587 €, against an expected local rent of 845 €. The rent covers the whole payment (144%).
Pros and cons
AI summaryPros
- new-build
- elevator
- parking space
- functional layout
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 182 days.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2027.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- living room
- bedroom
- bathroom
- terrace
- corridor
Amenities
- Elevator
- With Parking
Details
- Category
- Residential
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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